This obviously decreases their margins since the insurance premiums go up. And if they self insure as the other guy claims, then the repair costs come straight out of their wallet.
Right, that’s true on the “higher repair costs” side of the original post, but I’m talking about the “market prices have gone down so we have to recognize bigger losses on salvage” aspect later in the post, which is caused by changes in fair market value and doesn’t have to do with the cost of repairs.
